Kalshi's KPOW hits +7.00D as prediction markets price a Democratic sweep
As seen on the 24/7 Wall St. homepage on November 1, 2026.
Real money two days before the midterms is pricing a Democratic sweep of Congress, with House control at 93%, a setup that would stall the tax and deregulation trades built around unified Republican control.
JUST IN: The Kalshi American Power Index (KPOW) is now at +7.00D 🟦 Senate control: Democrats 71% 🟦 House control: Democrats 93% 🟦 2028 Presidency: Democrats 61% https://t.co/SixImW8NRB
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The Kalshi American Power Index landed at +7.00D as of November 1, 2026, two days before the midterm elections. The index aggregates real-money prediction market probabilities across Congress and the presidency into a single directional reading, with positive values favoring Democrats.
Bettors on Kalshi are pricing Democratic victory in the House at 93%, with Senate control and the 2028 presidency market also leaning Democratic. The index reflects a strong real-money consensus around unified Democratic control of Congress.
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Trades built around unified Republican control, particularly those positioned for the tax and deregulation agenda that assumed a Republican-held House and Senate, face a direct challenge from what real money is now pricing. A Democratic sweep of Congress would place those legislative bets in serious jeopardy.
Prediction market prices shift sharply in the final days before an election, and the +7.00D reading captures where money sat on November 1. Any narrowing of those probabilities before polls close would ripple through the index quickly.